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List of TPLF Companies Under EFFORT

Companies with investment capital of < 20,000,000 Million Ethiopian Birr

Company Name

Year Est.(EC)

Capital

HQ

Board Chairman

Selam Transport

1995

10,000000 Birr

Mekele

Arkebe Ekubay

Segel Construction

1995

10,000,000 Birr

Mekele

Araya Zerihun

Mega Net Corp

1995

10,000,000 Birr

Mekele

Alemseged Gebreamlak

Hitech Park Axion Association

1995

10,000,000 Birr

Mekele

Shimelis Kinde

Fana Democracy plc

1995

6,000,000 Birr

Mekele

Negash Sahle

Express Transit

1995

10,000,000 Birr

Mekele

G/selassie Gidey

Ethio Rental Axion Association

1995

10,000,000 Birr

Mekele

Atkilit Kiros

Dilate Brewery

1995

15,000,000 Birr

Mekele

Kahsay TewoldeTedla

Dessalegn Caterinary

1995

15,000,000 Birr

Mekele

Dr, Maru Erdaw

Addis Consultancy House

1995

10,000,000 Birr

Mekele

Sibhat Nega

Birhane Building Construction

1995

10,000,000 Birr

Mekele

Bereket Mazengiya

Total Capital

116, 000,000 birr

Companies with investment capital between 20-49 Million Ethiopian Birr

Company Name

Year Est (EC)

Capital

HQ

Board Chairman

Sheba Tannery Factory Axion Assoc.

1995

40,000,000 Birr

Wukro

Abadi Zemu

Meskerem Investment

1995

40,000,000 Birr

Axum

Tewodros Ayes Tesfaye

Africa Insurance Axion Association

1995

30,000,000 Birr

A.Ababa

Yohannes Ekubay

Global Auto Sparepart

1995

26,000,000 Birr

A.Ababa

Teklebirhan Habtu

Experience Ethiopia Travel

1995

26,000,000 Birr

Mekele

Tony Hiki

Addis Engineering Consultancy

1995

25,000,000 Birr

A.Ababa

Arkebe Ekubay

Hiwot Agriculture Mechanization

1995

25,000,000 Birr

Mekele

Yohannes Kidane

Berhe Chemical Axion

1995

25,000,000 Birr

Mekele

Abadi Zemu

Rahwa Yebegina Fiyel Export

1995

25,000,000 Birr

Mekele

Yassin Abdurahman

Star Pharmaceuticals

1995

25,000,000 Birr

Mekele

Arkebe Ekubay

Tesfa Livestock

1995

20,000,000 Birr

Mekele

Yohannes Kidane

Total Capital

307,000,000 Birr

Companies with a paid-up capital of >50.000.000 Million Ethiopian Birr

Company Name

Year Est.(EC)

Capital

HQ

Board Chairman

Almedan Garment Factory

1995

660,000,000 Birr

Mekele

Abadi Zemu

Mesfin Industrial Company

1995

500,000,000 Birr

Mekele

Arkebe Ekubay

Mesob Cement Factory

1995

240,000,000 Birr

Mekele

Abadi Zemu

Almeda Textile Factory

1995

180,000,000 Birr

Mekele

Abadi Zemu

Sur Construction

1995

150,000,000 Birr

A.Ababa

Arkebe Ekubay

Trans Ethiopia

1995

100,000,000 Birr

Mekele

Shimelis Kinde

Dedebit Saving & Loan

1995

60,000,000 Birr

Mekele

Atkilit Kiros

Ezana Mining Development

1995

55,000,000 Birr

A.Ababa

Tewodros H. Berhe

Addis Pharmaceuticals Production

1995

53,000,000 Birr

A.Ababa

Abadi Zemu

Tana Trading House Axion Association

1995

50,000,000 Birr

A.Ababa

Sibhat Nega

Total Capital

1,868,000,000 Birr

Companies that did not make their paid-up capital public

Ambassel Commerce

Dinsho Share Company

Tigrai Tagai Association

Brook Chemical Share Company

Dashen Beer Factory

Express Ethio Travel Service

Tigrai Development PLC

Computer Networking Technology

Amhara Meleso MaquaQuam

Berhan Building Construction

Star Pharmaceutical Importers

National Electromechanical

Saba Emnebered

Guna Trade Services

Biftu Dinsho

Oromia Credit Bank

Adwa Flour Factory

Wendo Trading

Shala Advertisement

National Geo-Textile

Trans Ethiopia

Tikal Agri Tigrai

Wegagen Bank

Alage Forest Products

Sebhat Nega PLC

Addis Transport

Walta Industry

Martha poultry

Dima Honey Processinf plant

Zeleke Agricultural Mechanization PLC

Tikur Abbay Transport

Beruk Tesfa Plastic Factory

Aberdele Animal Export Company

Maichew Particle Board

These 66 companies are owned and managed by ethnic Tigreans*Some Board Chairmen might have moved within the parastatals
*The amount shown on the tables above are initial start up capitals. The total networth of the parastatals has quadrupled.